Home » Opinion » Editorials
Economic shaping: Enough with the industrial policy
Take Annie Kuster, member of Congress from New Hampshire's 2nd District. Kuster last month introduced what she calls the "Workforce Development Investment Act." It would "provide tax credits to employers who collaborate with educational institutions to equip students with the skills they need to compete for well-paying jobs," as her office describes it.
The bill would give businesses annual tax credits of up to $10,000 for things like "(h)elping develop curriculum" and "(p)roviding internships, apprenticeships, or other hands-on educational opportunities for students."
Provide an internship, get a tax credit. Help develop a curriculum that trains people to work at your company (so you don't have to spend money training them yourself), get a tax credit.
Never mind that the New Hampshire Community College System already forges these kinds of partnerships (some of them funded, alas, by a federal grant).
Not to be outdone, Reps. John Cebrowski, R-Bedford, and David Borden, D-New Castle, advocate developing a state industrial policy to both attract and develop high-tech manufacturing businesses.
These are only the latest in the endless series of proposals to use the heavy hand of the state to shape the economy in the way politicians think it ought to be shaped. The economy would do much better if politicians would stop grabbing and pulling and tugging at it and would just leave the people free to reinvent it in ways no politician will ever imagine.
READER COMMENTS: 1
- Where is Shaheen? Hiding from you - 64
- Portman's good point: A leadership deficit all around - 3
- Wheeler in Dist. 5: A GOP fighter for the little guy - 4
- GOP for legal pot? Hemignway's high help - 12
- Obama's indecision: In NH, only Ayotte urges action - 56
- Concealed controversy: Our 'Mother, may I' gun policy - 57
- Innis in the 1st: A strong choice for Congress - 11
- Obama waits: A terror threat grows - 41
- For U.S. Senate, Scott Brown best NH candidate come November - 73
READER COMMENTS: 0
- Goffstown's Bourque impresses; Memorial, Bishop Guertin, Pinkerton win in Queen City Jamboree - 0
- Hanover boys soccer edges defense-minded BG - 0
- NH Fisher Cats, Pierre stun Rock Cats in 4-3 win - 0
- Helping hands for new St. Anselm students in Manchester on move in day - 0
- To market, to market: Market Basket shoppers flock on in - 0
- Nashua Market Basket employee: 'Worth every day of work lost' - 0
- NH teen killers to get sentence reviews after state Supreme Court decision - 0
- Manchester raid came 8 months after home invasion - 0
- NH killer in 1991 Smart trial seeks time with wife - 0
Where is Shaheen? Hiding from you
Goffstown's Bourque impresses; Memorial, Bishop Guertin, Pinkerton win in Queen City Jamboree
Enter to win tickets to see Paula Poundstone
Hooksett highs: A good multiple choice test